Drink LMNT, Inc.

CIK: 1871551DEIncorporated: 2019-12-30

Current Offering

$25,000
Target Amount
$750,000
Maximum Amount
2021-12-31
Deadline

Security Details

Type: Crowd SAFE (Simple Agreement for Future Equity)
Price per share: $1.00
Shares offered: 25,000+

Offering Costs

Cash commission: 6%
At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the Intermediary.
Equity compensation: 2%
The Intermediary will also receive compensation in the form of securities equal to two percent (2%) of the total number of the securities sold in the offering.

Financial Reports

Offering via Republic

Offering History

As of 2021-09-15
Raising $25,000 -$750,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2021-12-31
As of 2022-06-07
Raising $25,000 -$4,000,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2022-08-15
Filing date2021-09-152022-06-07
Current employees120
Act received most recent fiscal year$184,333$644,000
Act received prior fiscal year$114,232$184,000
Cash equi most recent fiscal year$1,323,862$6,554,000
Cash equi prior fiscal year$434,505$1,324,000
Cost goods sold most recent fiscal year$1,770,191$10,058,000
Cost goods sold prior fiscal year$449,261$1,872,000
Long term debt most recent fiscal year$881,000$770,000
Long term debt prior fiscal year$417,500$881,000
Net income most recent fiscal year$750,306$1,974,000
Net income prior fiscal year$173,661$880,000
Revenue most recent fiscal year$7,052,758$31,589,000
Revenue prior fiscal year$1,536,591$7,053,000
Short term debt most recent fiscal year$674,373$3,783,000
Short term debt prior fiscal year$148,737$769,000
Tax paid most recent fiscal year$251,032$680,000
Tax paid prior fiscal year$0.00$251,000
Total asset most recent fiscal year$2,609,901$10,899,000
Total asset prior fiscal year$836,491$2,648,000

Financial Reports

Offering via Republic

Offering History

As of 2021-09-15
Raising $25,000 -$750,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2021-12-31
As of 2022-06-07
Raising $25,000 -$4,000,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2022-08-15
Filing date2021-09-152022-06-07
Current employees120
Act received most recent fiscal year$184,333$644,000
Act received prior fiscal year$114,232$184,000
Cash equi most recent fiscal year$1,323,862$6,554,000
Cash equi prior fiscal year$434,505$1,324,000
Cost goods sold most recent fiscal year$1,770,191$10,058,000
Cost goods sold prior fiscal year$449,261$1,872,000
Long term debt most recent fiscal year$881,000$770,000
Long term debt prior fiscal year$417,500$881,000
Net income most recent fiscal year$750,306$1,974,000
Net income prior fiscal year$173,661$880,000
Revenue most recent fiscal year$7,052,758$31,589,000
Revenue prior fiscal year$1,536,591$7,053,000
Short term debt most recent fiscal year$674,373$3,783,000
Short term debt prior fiscal year$148,737$769,000
Tax paid most recent fiscal year$251,032$680,000
Tax paid prior fiscal year$0.00$251,000
Total asset most recent fiscal year$2,609,901$10,899,000
Total asset prior fiscal year$836,491$2,648,000

Company Information

Corporation
DE
2019-12-30

Latest Metrics

Employees12
Total Assets$2,609,901
Cash on Hand$1,323,862
Revenues$7,052,758
Net Income$750,306

Crowdfunding Portals

This company is raising funds through this portal